3021 Boulevard PlIndianapolisIN46208
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Indianapolis at 3021 Boulevard Pl, Indianapolis, IN, 46208 earns $577/mo cash flow from $1,357/mo rent with a $636/mo payment. Total monthly income totals $1,357/mo, and annual cash flow totals $6,923/yr on $43,095 capital. ROI tracks 35.97% on current figures, and rental yield reads 12.53% at a $130,000 purchase. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 over five years. Five-year ROI reaches 188.74% and total cumulative return in cash sums $81,339. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,357/mo property income instead of your personal income.
Multi Family
Built in 1915
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46208, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,258 (100%) |
| Owner Occupied HU | 4,075 (39.7%) |
| Renter Occupied HU | 4,483 (43.7%) |
| Vacant Housing Units | 1,700 (16.6%) |
| Median Home Value | $256,783 |
| Average Home Value | $310,376 |
Housing Distribution
Address Breakdown
Residential
9,990
Single Family
7,995
Multi-Family
1,995
Businesses
624
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Listed by: Chris Price • Keller Williams Indy Metro S
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22073510